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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Tech Bull who wrote (52070)	8/14/1998 12:25:00 PM
From: Souze	Respond to of 61433

Ciena got hammered today (triggered by an earnings warning?). As the Mighty Mizzou implied in an earlier post, that might be why ASND is down so much.

To: Tech Bull who wrote (52070)	8/14/1998 12:29:00 PM
From: Spaw	Respond to of 61433

TB, Here's my idea, which I posted yesterday: Message 5488205 Target is in the 44-46 range by end of next week. We are on our way and I am currently up 50% on my trade for the day. Put options are less expensive than shorting and that's how I usually trade the short side of a move. You can make money in both directions on any stock. BTW: I am bullish on Ascend but not in the near term. --spaw--

To: Tech Bull who wrote (52070)	8/14/1998 12:36:00 PM
From: Duke	Respond to of 61433

Don't worry. We're already see the worst. Market up and down, individual investors panic, feel uncertainty are normal. If you believe in ASND future, hold on your shares and RELAX. It will be there. Duke

To: Tech Bull who wrote (52070)	8/14/1998 12:53:00 PM
From: Tim Luke	Respond to of 61433

<any ideas on the 2 point hit?> #reply-5496077